• 제목/요약/키워드: International Construction Joint Venture

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A RESEARCH ANALYSIS ON EFFECTIVE LEARNING IN INTERNATIONAL CONSTRUCTION JOINT VENTURES

  • L.T. Zhang;W.F. Wong;Charles Y.J. Cheah
    • 국제학술발표논문집
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    • The 2th International Conference on Construction Engineering and Project Management
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    • pp.450-458
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    • 2007
  • This paper presents the results of a statistical analysis and its research findings focusing on the learning aspect in the process of international joint ventures (IJVs). The contents of this paper is derived from a sample of 96 field cases based on a proposed conceptual model of effective learning for international construction joint ventures (ICJVs). The paper presents a brief review on the conceptual model with hypotheses and summarized the key results of statistical analysis including factor and multiple regression analysis for the testing of the validity of the proposed conceptual model and its associated research hypotheses. Among other research findings, the research confirms that ICJVs provides an excellent platform of in-action learning for construction organization and suggests that good outcomes in learning could be reaped by a company who has a clear learning intent from the beginning and subsequently take corresponding learning actions during the full process of the joint venture.

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BUILDING A CONCEPTUAL MODEL OF EFFECTIVE LEARNING IN INTERNATIONAL CONSTRUCTION JOINT VENTURES

  • L.T. Zhang;W.F. Wong
    • 국제학술발표논문집
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    • The 2th International Conference on Construction Engineering and Project Management
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    • pp.749-758
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    • 2007
  • Learning has become an important aspect for any organization to stay relevant and competitive in the corporate world of survival. In construction industry, the international construction joint ventures (ICJVs) provide an excellent platform with opportunity of learning among partners seeking to develop new area of competency and improve their overall competitiveness for their next project endeavor. This paper discusses the development of a conceptual model of effective learning in ICJVs using four major stages of development in a typical joint venture (JV) 's process. The study identified that there are three key constructs that contribute to effective learning comprising learning conditions in the JV's pre-inception stage, success factors of JV for learning in the forming & organizing stage, and learning actions in the implementation & adjustment stage. The effective learning outcomes are measured by the characteristics of learning organization during the JV's completion & evaluation stage. Details and issues of each stage and the methodology of research will be presented and discussed.

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BEST PRACTICES FOR JOINT VENTURES: ISSUES AND CRITICAL SUCCESS FACTORS

  • Rizwan U. Farooqui;Syed M. Ahmed;Dilshad Umer
    • 국제학술발표논문집
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    • The 3th International Conference on Construction Engineering and Project Management
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    • pp.369-374
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    • 2009
  • Project-based joint ventures are often used in the construction industry to assemble an organization that meets a client's project needs and matches or exceeds the capacities of competitors. The joint venture / partnerships provides the means for a firm to quickly add resource, political, technical, or other required strengths that will increase project acquisition. This paper sets out to study the types of joint ventures, different issues or problems while having joint ventures and the critical factors that contribute to successful joint ventures. A questionnaire was designed and administered to survey the issues and present practices of joint ventures in the South Florida construction industry. Along with the questionnaire, personnel interviews were also conducted to get first hand knowledge about the subject matter. The results are presented in the paper. These results specifically identify the overall practice of joint ventures in South Florida as well as indicate the most significant factors leading to failure or success of these ventures.

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International Construction Joint Ventures with Developing Countries: Singapore's Case for Risk Assessment and Allocation

  • Hwang, Bon-Gang;Zhao, Xianbo;Chin, Eileen Wei Yan
    • 국제학술발표논문집
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    • The 6th International Conference on Construction Engineering and Project Management
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    • pp.435-439
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    • 2015
  • It is important for Singaporean companies to manage the multifaceted risks when forming international construction joint ventures (ICJVs) with developing countries. The objectives of this study are to assess the risks associated with Singaporean ICJVs with developing countries, and investigate the risk allocation preferences in these ICJVs. To fulfill these objectives, a literature review was carried out and a questionnaire survey was performed with 38 professionals. The survey results reported "political instability" as the most critical risk, and market level risks were less critical than country and project level risks. Additionally, the results showed agreement on the risk ranking between building and infrastructure ICJVs, despite significant differences in the criticalities of five risks. Furthermore, five risks were preferably allocated to host and foreign partners, respectively, while 13 risks could be shared among partners. As few studies have explored the risk allocation preferences in ICJVs, this study expands the literature. Also, the identification of the risks allows other companies to customize their own lists of critical risks, while the preferred risk allocation provides valuable information for companies from various countries that intend to form ICJVs with developing countries. Thus, this study contributes to the global body of knowledge relating to ICJVs.

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THE SUCCESS FACTORS OF PARTNERING IN THE SOUTH KOREA PM&CM MARKET

  • Bok-Nam Lee;Hyoun-Seung Jang;Seok-In Choi
    • 국제학술발표논문집
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    • The 1th International Conference on Construction Engineering and Project Management
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    • pp.737-743
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    • 2005
  • Since the designation of the South Korean Construction industry as an open market industry by the World Trade Organization (WTO) in 1994, South Korea's construction firms were exposed to competition from firms of other advanced countries. Increased competition in the industry raised quality of production and lowered the cost of construction projects. Therefore, many big construction projects were planned and constructed with foreign construction partners during the last decade. Also, from those projects the South Korea Construction industry accumulated experience in and knowledge of both project management and construction management perspectives. However, in the process of conducting those big projects, many problems - specifically responsibility and the limit of competence - occurred between foreign construction partners. Hence, this study attempts to improve its role model that is for local and foreign companies to enter into Joint Ventures in the South Korea construction industry.

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STRATEGIC FRAMEWORK FOR SINGAPORE CONTRACTORS FORMING JOINT VENTURES IN DEVELOPING COUNTRIES: A PRELIMINARY STUDY

  • Y.T. Wong;David A.S. Chew;Charles Y.J. Cheah
    • 국제학술발표논문집
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    • The 1th International Conference on Construction Engineering and Project Management
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    • pp.869-874
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    • 2005
  • Given the intense competition and slowdown in domestic demands, there is greater pressure on Singapore contractors to seek overseas markets for revenue and growth. This impetus, coupled with emerging economic reforms in the regional developing countries, has invariably created numerous opportunities for Singapore contractors. However, mixed results were reported on their overseas performance so far. Consequently, this paper aims to formulate a framework that would assist Singapore contractors to successfully export their services into developing countries. The proposed framework comprises ten critical success factors (CSFs), which are identified from in-depth interviews with eight Singapore contractors. These ten success factors are subsequently classified under three different stages, namely initial, entry and operational stages. Preliminary results show that Singapore contractors are most focused on the entry stage, with the highest number of CSFs.

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국내 설계시공일괄입찰방식 개선방안 (Improvement of the Design-Build Bidding in the Domestic Construction Industry)

  • 김수현;전민정;구교진;현창택
    • 한국건설관리학회:학술대회논문집
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    • 한국건설관리학회 2003년도 학술대회지
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    • pp.410-413
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    • 2003
  • 건설시장에서 경쟁력을 강화하고 국제정책에 대응하기 위하여 설계업체와 시공업체의 협력을 장려하는 설계시공 일관입찰방식이 대두되었다. 설계시공일괄입찰방식은 공기단축, 사업비 절약, 품질 향상을 위한 전도 유망한 입찰방식이지만 국내 건설산업에서는 제도의 미비, 관계자들의 경험 및 인식부족 등으로 이러한 장점을 살리지 못하고 있다. 이에 따라 본 연구에서는 국내 공공공사 설계시공일괄입찰방식에서의 문제점을 사업비, 품질, 사업기간의 측면에서 분석하여 개선방안을 제안하고자 한다.

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다수당사자중재에 있어서 중재인 선정방법 (The Method of appointing arbitrators m Multi-Party Arbitration)

  • 강수미
    • 한국중재학회지:중재연구
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    • 제18권2호
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    • pp.79-102
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    • 2008
  • When several parties are involved in a dispute, it is usually considered desirable that the issues should be dealt with in the same proceedings, rather than in a series of separate proceedings. This saves time and money. It avoids the possibility of conflicting decisions on the same issues of law and fact, since all issues are determined by the same tribunal at the same time. Where there is a multi-party arbitration, it may be because there are several parties to one contract, or it may be because there are several contracts with different parties that have a bearing on the matters in dispute. In international trade and commerce, for individuals, corporations or state agencies to join together in a joint venture or consortium or in some other legal relationship of this kind, in order to enter into a contract with another party or parties, where such a contract contains an arbitration clause and a dispute arises, the members of the consortium or joint venture may decided that they would each like to appoint an arbitrator. A different problem arises where there are several contracts with different parties, each of which has a bearing on the issues in dispute. A major international construction project is likely to involve not only the employer and the main contractor, but also a host of special suppliers and sub-contractors. Each of them will be operating under different contracts often with different choice of law and arbitration clauses. The appointment of the arbitrator or the composition of the arbitral tribunal should be in accordance with the agreement of the parties. The parties have to be equally treated in the constituting of the arbitral tribunal and the arbitral proceedings. However, the right of the parties to nominate a member of the arbitral tribunal could be taken away from them, if they are subject to the restrictions by means of the law of the country where the arbitration is taking place. That is, multiple parties jointly should nominate one arbitrator, where there they have to exercise their substantive right in common, or one of them exert his substantive right, then it has an effect on another parties, or they, whether as claimant or as respondent, get the same or similar treatment in the arbitral procedure. Therefore it is necessary to intend to settle multi-party disputes quickly and efficiently.

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한중FTA 이후 중국 해외건설업의 규제실태와 진출 활성화 방안 연구 (A Study on Regulations and Strategies for Increasing the Chinese Construction Market Share post the FTA between Korea and China)

  • 김명수
    • 한국건설관리학회논문집
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    • 제19권5호
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    • pp.10-21
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    • 2018
  • 본 연구에서는 최근 중국의 여건변화에 대응하여 중국 현지 진출 국내업체를 대상으로 설문 면담조사와 전문가 조사를 통해 애로사항 및 중국 건설시장 진출 활성화를 위한 요구사항을 분석하였다. 이와 더불어 경제적 유발계수 모형을 이용하여 국내 경제에 파급효과가 큰 부문을 분석하여 진출전략 방안을 제시하였다. 중국시장에 진출해 있는 우리 건설업체들은 면허요건 등의 완화에도 불구하고 여전히 면허 유지에 부담이 큰 것으로 나타났다. 특히 외상투자제도로 인해 시장진입이 어려운 것으로 분석되었다. 재정사업 참여가 거의 불가능하고 PPP사업도 용이하지 않은 것으로 나타났다. 아울러 중국과의 FTA에 큰 기대를 할 수 없지만, 향후 GPA 협상 등을 통해 우리 업체들의 애로 요인을 제거 내지 감소시키기 위한 정부의 노력이 필요한 것으로 나타났다. 향후 중국건설시장 진출 활성화를 위해서는 경제적 유발계수 모형분석을 통해 한 중 업체간 협력모델이 활성화가 필요한 것으로 분석되었다. 중국이 우리의 협력을 원하는 분야, 즉 신형도시화, 환경, 수처리 등에서의 협력 모델을 기반으로 중국업체와의 장기적인 동반사업 모델을 구축해나가는 것이 필요하다. 두 번째로 시장진출 활성화를 위한 정부의 지속적인 노력이 필요하다. GATS 서비스 협상에서 중국의 추가적 시장개방을 요구하고 향후 GPA 협상에서 중국의 정부조달 시장개방을 요구해야 한다. 특히 외국업체의 단독 수주가 가능하도록 노력해야 한다. 셋째로 우리 건설기업들은 국제기구 사업에 참여 등을 통해 중국내에서 유대관계 구축에 힘써야 한다. 국제개발은행 등의 프로젝트에 대한 모니터링하고 실제 사업에 참여하기 위해 노력해야 한다.

로그 회귀분석을 이용한 해외 엔지니어링 사업의 낙찰 성공 요인 분석 - 세계은행의 인도네시아 사업을 중심으로- (Using Logistic Regression for Determining the Factors Affecting Bidding Success in World Bank's International Consulting Projects in Indonesia)

  • 유영수;신병진;구본상;한승헌
    • 한국건설관리학회논문집
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    • 제19권1호
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    • pp.80-89
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    • 2018
  • 세계은행에서 발주하는 사업은 국내 엔지니어링 기업에게 신규 시장 진출의 기회가 될 수 있으며 이에 따른 지역 및 사업 다각화를 가능케 해준다. 그러나 세계은행 사업에 참여하기 위해서는 입찰에 성공하기 위한 중요 요인이 무엇인지 선제적으로 파악해야 한다. 세계은행은 오픈 DB를 통해 전 세계에서 입찰한 사업 정보를 공개하고 있으며, 이는 낙찰 성공요인을 실증적으로 분석할 수 있는 기회를 제공해주고 있다. 본 연구에서는 본 데이터 중 인도네시아 관련 정보를 웹스크레이핑 기술을 활용하여 수집하고 이를 기반으로 로그 회귀분석을 실시하여 낙찰 성공요인을 통계적으로 추정하였다. 그 결과 해당 공종실적, 컨소시엄 구축 여부 및 현지기업과 제휴 여부가 낙찰 성공 여부에 긍정적으로 영향을 주는 것을 파악되었다. 반면, 현지기업이 동 입찰에 참여할 경우 부정적 영향을 주는 것을 볼 수 있었다. 이에 따라 국내 엔지니어링 기업들은 국제적으로 인정받는 공종 실적을 쌓고, 컨소시엄 구성 시 현지 기업을 포함시키는 동시에, 현지기업이 단독으로 수행할 수 있는 비교적 단순 공종 사업에는 참여를 피하는 것이 좋을 것으로 판단된다.